ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
Upfront: Ute attack shocks Canberra, Chalmers’ $11b budget hole, NAB job cuts loom.
By Staff Writers in Media News on Wednesday, 21st October 2026 at 6:04am
PRAXIS INDIA 2026: Reputation is capital, not crisis management, says Burson CEO Corey duBrowa
By Staff Writer in Media News on Wednesday, 21st October 2026 at 2:17am
In PR: Dentsu Creative Isobar launches BGMI’s ‘Collector’ campaign
By Staff Writer in Media News on Tuesday, 20th October 2026 at 7:49pm
In PR: Verve Media wins social media and content marketing mandate for AoS
By Staff Writer in Media News on Tuesday, 20th October 2026 at 7:42pmJUS, Neil Tara Cares to launch Himalayan disaster awareness initiative
By Staff Writer in Media News on Tuesday, 20th October 2026 at 6:56pm
Media news latest